The fusion startup has inked a deal with Italian energy company Eni. The move is likely intended to set a price for fusion ...
Three years after a vital scientific breakthrough, Dominion Energy and the Tennessee Valley Authority have struck deals with ...
The power purchase agreement makes Eni the second major customer for Commonwealth’s first commercial fusion power plant.
Eni will purchase power from CFS’s planned ARC fusion plant, strengthening their $1B partnership to commercialise fusion ...
Commonwealth Fusion Systems gains new private investor backing to propel commercial plant but committed federal funding for sector remains unclear ...
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Italian Oil Giant Inks $1B Deal to Buy Fusion Power from Virginia Facility
WASHINGTON - The Italian multinational oil and gas company Eni S.p.A. has signed a $1 billion power purchase agreement to buy fusion power from a plant in Virginia that won't even be connected to the ...
Google-backed nuclear fusion company, Commonwealth Fusion Systems (CFS), has successfully raised $863 million in Series B2 ...
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Company backed by Bill Gates takes massive step toward global energy transformation: 'This is the first of a kind'
Commonwealth Fusion Systems just took a monumental step toward reshaping how the world is powered, and how much that power is going to cost. The Massachusetts-based energy startup, created out of MIT ...
The company raised $425 million in January 2025, around the same time that it turned on Polaris, a prototype reactor. Helion has raised $1.03 billion, according to PitchBook. Investors include Sam ...
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